PGA Tour said its planned merger with Saudi-backed LIV Golf and DP World Tour has garnered unsolicited interest from investors as it continues to finalise an agreement with the Public Investment Fund and the DP World Tour.
The PGA said that while it did not solicit additional investment interest, it has a responsibility to members, sponsors and fans to thoroughly evaluate all potential options.
“Our focus continues to be on finalising an agreement with the Public Investment Fund and the DP World Tour, however, our negotiations have resulted in unsolicited interest from other investors,” PGA said in a statement on Wednesday.
Any investments that come from the talks will be made into PGA Tour Enterprises, a subsidiary of the PGA Tour,…
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